The following letter has been sent from the FIDE Treasurer to all federations. The fact that he states that the banking problems are in no way part of an election manoeuvre will doubtless be taken in some quarters as further proof that they are.

But in this particular case, the idea that FIDE officials may have invented or procured the closing of their UBS account is patently daft. I've nothing against conspiracy theories, but please don't bring them into disrepute.